The new round brings Memphis Meats' total funding to $22 million
(£17 million).

The company was founded in 2015 by cardiologist Uma Valeti, stem
cell researcher Nicholas Genovese, and tissue engineer Will Clem.
Like several other lab-grown meat startups that have popped up
over the last three years, Memphis Meats is trying to reduce the
world's reliance on meat, since it's so environmentally
unsustainable.

"They are the ones closest to producing a different kind of meat
— red meat, duck, chicken," she told Business Insider. "Adding
things like texture is very hard to do technically. And
replicating how meat tastes is important."

Given most people would still balk at eating lab-grown meat
regularly, she added Memphis Meats was considering pop-up shops
around the time of their next venture round to get people trying
the product.

Valeti said in a statement:"The world loves to eat meat, and it
is core to many of our cultures and traditions. Meat demand is
growing rapidly around the world. We want the world to keep
eating what it loves.

"However, the way conventional meat is produced today creates
huge problems for the environment, animal welfare and human
health. These are problems that everyone wants to solve, and we
can solve them by bringing this incredible group of partners
under one tent. This group will help us accelerate our progress
significantly."